Civic Intelligence

Dreams Will Come True Foundation

990EZ • Fiscal year 2019 • EIN 47-4510419

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 15, 2020

Organization ProfileN/A
756 Grape AveSunnyvale, CA 94087

(650) 537-1598

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

100th percentile

48223500%

Faster asset growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$482,236

Up $482,235 (+48223500%) from 2018

Net Assets

$482,236

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin76th percentile

Revenue

Up

$112,454

Up $112,454 from 2018

Expenses

Up

$89,778

Up $89,778 from 2018

Net Income

Up

$22,676

Up $22,676 from 2018

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2015: $120,580Liabilities 2015: $02015Assets 2016: $255,215Liabilities 2016: $02016Assets 2017: $324,628Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $482,236Liabilities 2019: $0Net Assets 2019: $482,2362019Assets 2020: $760,046Liabilities 2020: $24,000Net Assets 2020: $736,0462020Assets 2021: $767,010Liabilities 2021: $24,000Net Assets 2021: $743,0102021Assets 2022: $678,507Liabilities 2022: $0Net Assets 2022: $678,5072022Assets 2023: $616,449Liabilities 2023: $50,000Net Assets 2023: $566,4492023

Highlighted filing

2019

Assets$482,236
Liabilities$0
Net Assets$482,236
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2015: $121,000Expenses 2015: $420Net Income 2015: $120,5802015Revenue 2016: $180,000Expenses 2016: $49,213Net Income 2016: $130,7872016Revenue 2017: $153,220Expenses 2017: $78,677Net Income 2017: $74,5432017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $112,454Expenses 2019: $89,778Net Income 2019: $22,6762019Revenue 2020: $391,966Expenses 2020: $142,861Net Income 2020: $249,1052020Revenue 2021: $40,543Expenses 2021: $65,143Net Income 2021: -$24,6002021Revenue 2022: -$40,043Expenses 2022: $38,725Net Income 2022: -$78,7682022Revenue 2023: $5,663Expenses 2023: $38,692Net Income 2023: -$33,0292023

Highlighted filing

2019

Revenue$112,454
Expenses$89,778
Net Income$22,676
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 15, 2020
Return Version
2019v5.0
Gross Receipts
$112,454
Mission and Program Overview

Mission

The non-profit organization mission is to help people reach their dreams by providing education and any necessary tools. To achieve this mission, we will provide different educational platforms based on the needs of the participants. For the under-privileged who have desire to improve their lives, we will provide a platform for them to acquire necessry redentials or skills to enable them to reach higher socioeconomic status.

Program Services

DescriptionGrantsExpenses
THE NON-PROFIT ORGANIZATION MISSION IS TO HELP PEOPLE REACH THEIR DREAMS BY PROVIDING EDUCATION AND ANY NECESSARY TOOLS. TO ACHIEVE THIS MISSION, WE WILL PROVIDE DIFFERENT EDUCATIONAL PLATFORMS BASED ON THE NEEDS OF THE PARTICIPANTS. FOR THE UNDER-PRIVILEGED WHO HAVE DESIRE TO IMPROVE THEIR LIVES, WE WILL PROVIDE A PLATFORM FOR THEM TO ACQUIRE NECESSRY REDENTIALS OR SKILLS TO ENABLE THEM TO REACH HIGHER SOCIOECONOMIC STATUS.$48,721$7,077
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH KUNGPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Dreams Will Come True Foundation
EIN
47-4510419
Phone
6505371598
Address
756 GRAPE AVE, SUNNYVALE, CA 94087

Signing Officer

Name
Joseph Kung
Title
President
Signed
2020-09-15
Discuss with paid preparer
Yes

Preparer

Firm
G C Tax Institute
Address
995 Montague Expwy 212, Milpitas, CA 95035
Preparer
George Chow Ea Mstax
Phone
4089450813
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: VARIOUS | Donee's Address: SAN JOSE BAY AREA SUNNYVALE CA 94087 | Cash Amount Given: $41057”

Other Expenses.1002

“Office Expenses $975”

Other Expenses.1

“SALARY $41138”

Other Expenses.2

“MEDICAL INS $2526”

Other Expenses.3

“PAYROLL TAX $1842”

Other Expenses.4

“PAYROLL TAX FILING $1150”

Other Expenses.5

“TAX FILING $1070”

Other Expenses.6

“FTB $20”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SUNNYVALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094087
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0482236
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE NON-PROFIT ORGANIZATION MISSION IS TO HELP PEOPLE REACH THEIR DREAMS BY PROVIDING EDUCATION AND ANY NECESSARY TOOLS. TO ACHIEVE THIS MISSION, WE WILL PROVIDE DIFFERENT EDUCATIONAL PLATFORMS BASED ON THE NEEDS OF THE PARTICIPANTS. FOR THE UNDER-PRIVILEGED WHO HAVE DESIRE TO IMPROVE THEIR LIVES, WE WILL PROVIDE A PLATFORM FOR THEM TO ACQUIRE NECESSRY REDENTIALS OR SKILLS TO ENABLE THEM TO REACH HIGHER SOCIOECONOMIC STATUS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt048721
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07077
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt089778
IRS990EZ/TotalProgramServiceExpensesAmt048721
IRS990EZ/TotalRevenueAmt0112454
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0200000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0180000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0121000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0763293
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0763293
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0112293
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0180000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0121000
IRS990ScheduleA/Total509Grp/TotalAmt0763293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0112293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0200000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0150000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0180000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0121000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0763293
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: VARIOUS | Donee's Address: SAN JOSE BAY AREA SUNNYVALE CA 94087 | Cash Amount Given: $41057
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARY $41138
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEDICAL INS $2526
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL TAX $1842
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYROLL TAX FILING $1150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TAX FILING $1070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FTB $20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH KUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DREAMS WILL COME TRUE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DREA
ReturnHeader/Filer/EIN0474510419
ReturnHeader/Filer/PhoneNum06505371598
ReturnHeader/Filer/USAddress/AddressLine1Txt0756 GRAPE AVE
ReturnHeader/Filer/USAddress/CityNm0SUNNYVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094087
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770510314
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0995 Montague Expwy 212
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milpitas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095035
ReturnHeader/PreparerPersonGrp/PhoneNum04089450813
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE CHOW EA MSTAX
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-15T16:02:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$482,236
Liabilities
$0
Net assets
$482,236
Revenue
$112,454
Expenses
$89,778
Net income
$22,676
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.50$5.66$0.06$0.39$0.33
2022Detailed filing. Detailed filing data is available for this year.$6.79$0.00$6.79$0.40$0.39$0.79
2021Detailed filing. Detailed filing data is available for this year.$7.67$0.24$7.43$0.41$0.65$0.25
2020Detailed filing. Detailed filing data is available for this year.$7.60$0.24$7.36$3.92$1.43$2.49
2019Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$1.12$0.90$0.23
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$3.25$0.00$1.53$0.79$0.75
2016Summary only. Only limited summary data is available for this year.$2.55$0.00$1.80$0.49$1.31
2015Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$0.00$1.21